Family Enterprise Insights

In this article, as a lawyer who has worked closely with family businesses, I offer seven suggestions to consider for families who are struggling with an adult child who works at the company and has not yet launched.

Family business owners and their advisors spend a lot of time and money seeking to optimize business performance and family relationships. Many useful tools have been developed over the years, including generally accepted “best practices,” such as employment, compensation and succession plans.

Husband and wife Bram Bluestein ’71 and Ilene Gordon joined the Global Family Enterprise Program in 2019 for “Making It Work: Two Careers, One Family, and a Lasting Legacy.” In this clip, they discuss setting up their family office and involving the next generation in the business.

Husband and wife Bram Bluestein ’71 and Ilene Gordon joined the Global Family Enterprise Program in 2019 for “Making It Work: Two Careers, One Family, and a Lasting Legacy.” Their candid insights on balancing their two high-powered careers while raising a family resonate today.

I’ve got a special place near my heart for Dan & Whit’s general store in Norwich, Vermont.  

Entrepreneurship in the United States continues to be a major path to wealth creation for individuals and their families.

Entrepreneurs are different from other people. Their talent lies in imagining a new solution or a fresh approach that gives the world something it may not have even realized it needed. Building a successful enterprise from start-up to sustained profitability demands total immersion. 

During the last 50 years, the number and scope of women-owned businesses have risen at a virtually unprecedented rate